THE LAST REMAINING LAND LOT AT COMPASS BUSINESS PARK. JOIN LEADING BRANDS INCLUDING GUZMAN Y GOMEZ, STARBUCKS, PLANET FITNESS, STORHUB, SALVATION ARMY, AND MORE, BENEFITTING FROM HIGH PEDESTRIAN AND VEHICLE TRAFFIC IN THIS LANDMARK DEVELOPMENT IN MELBOURNE’S MOST DESIRABLE INDUSTRIAL AND LOGISTICS MARKET.
OFFERED AS A SEPARATELY TITLED, LEVELLED, BENCHED, FULLY SERVICED PARCEL, THE FINAL SUPERLOT ADJOINING COMPASS BUSINESS PARK SPANS 16,150SQM WITH DEDICATED ACCESS VIA KLAUER STREET. THE SITE PROVIDES IMMEDIATE CONNECTIVITY TO FRANKSTON-DANDENONG ROAD AND EASTLINK, ENSURING SEAMLESS ACCESS ACROSS MELBOURNE’S SOUTH EAST INDUSTRIAL CORRIDOR. REPRESENTING ONE OF THE LAST REMAINING OPPORTUNITIES IN THIS TIGHTLY HELD PRECINCT, THE PROPERTY IS IDEALLY SUITED FOR IMMEDIATE REDEVELOPMENT OR FOR AN OWNER-OCCUPIER
SEEKING TO ESTABLISH A STRATEGIC BUSINESS PRESENCE IN ONE OF MELBOURNE’S MOST LAND-CONSTRAINED INDUSTRIAL LOCATIONS.
COONEY
Director - Southern Reion 0468 860 737 tim.cooney@cva.melbourne
JORDAN CARROLL Sales Executive - Southern Region 0467 628 951 jordan.carroll@cva.melbourne
Outlines indicative only
EXECUTIVE SUMMARY_
Arguably Seaford’s most prestigious address, this final superlot within Compass Business Park represents the last remaining land opportunity in the estate. Offered with ultimate flexibility, it features approved plans for a multi-unit development while also providing occupiers the rare chance to secure a site of scale for their own operations in a highly amenitised location.
8A
KLAUER STREET, SEAFORD IS BEING OFFERED FOR SALE VIA PRIVATE PLACEMENT CAMPAIGN
Address 8A Klauer Street, Seaford VIC 3198
Title Details Volume: 9929 Folio: 390
Total Site Area 16,150sqm*
Zoning Industrial 1 Zone
Local Authority City of Frankston
Offering Offered vacant possession
Inspections
To arrange an inspection please contact the exclusive selling agents Due Diligence
Due diligence information is available upon request from the exclusive selling agents
Method of Sale
This unmissable opportunity to secure your position in this ultratightly held industrial pocket is offered via Private Placement Campaign
KEY INVESTMENT HIGHLIGHTS_
FLEXIBILITY
Wide variety of value-add, repositioning & redevelopment opportunities (STCA)
PROVEN LOCATION
Directly adjoining Compass Business Park, where land sales have achieved up to $1,300/sqm. The estate has attracted leading global brands including Guzman y Gomez, Storhub, Salvation Army, Starbucks and Planet Fitness
FINAL CHANCE ZONING
The last remaining land holding at Compass Business Park
SCALE
Land holding of 16,150sqm* ready for immediate development
Designated with Industrial 1 zoning, this property is primed for a variety of industrial and commercial uses.
DEVELOPMENT APPROVAL
The property is offered for sale with development approval for a 49-unit industrial estate, tailored for local residents and businesses in immediate surrounding residential catchments
BUYER VERSATILITY
Ideal for occupiers, developers, and investors alike.
DEVELOPMENT READY
Offered to the market benched, levelled, cleared of vegetation and serviced ready for development
INFRASTRUCTURE
ADVANTAGE
Strategically positioned with close proximity to major arterials including Frankston Freeway, Mornington Peninsula Freeway, and Eastlink
HIGHLY CONSTRAINED LAND MARKET
with less than 2* years left of industrial-zoned land available for development in Core South East
LOCATION
8A KLAUER STREET IS LOCATED APPROXIMATELY 50 KM SOUTH EAST OF THE MELBOURNE CBD, WITHIN THE SEAFORD INDUSTRIAL PRECINCT, AN ESTABLISHED INDUSTRIAL AREA SUPPORTING SMALL TO MEDIUM-SIZED BUSINESSES.
The site is part of the Compass Business Park which comprises small and medium sized business enterprises, gym, self storage facility, retail and trade services. Compass Business Park fronts Frankston-Dandenong Road and will have its own dedicated private access to FrankstonDandenong Road. This site benefits from being surrounded by major arterials including Frankston Freeway, Mornington Peninsula Freeway and Eastlink, all just minutes away.
DEVELOPMENT POTENTIAL_
DEVELOPMENT APPROVAL
The property is offered with development approval in place for a 49-unit industrial estate and benefits from early works already completed as part of the broader estate delivery – including site levelling, benching, servicing, vegetation clearance and a completed CHMP – delivering significant savings for purchasers. This approval reduces upfront costs, mitigates planning risk, and fast-tracks delivery to minimise holding expenses, enabling developers to immediately capitalise on strong demand from local residents and businesses for office/warehouse accommodation in a proven location just minutes from Eastlink.
OWNER OCCUPIERS
Offers occupiers one of the last remaining industrial ready development land opportunities in the Seaford industrial precinct. Importantly the 16,150sqm holding provides scale and the opportunity to future proof their business operations in a tightly held and proven industrial location adjoining Compass Business Park alongside a growing community of national and multinational occupiers such as Guzman y Gomez, Storhub, Salvation Army, Starbucks and Planet Fitness.
MARKET OVERVIEW_
SOUTH EAST INDUSTRIAL MARKET OVERVIEW
The Melbourne South East industrial and logistics market has been one of the most active markets in Melbourne since 2021, driven by strong occupier and institutional demand. Total stock in the Melbourne South East submarket reached 7.9 million sqm as at Q2 2025, constituting 28% of the total Melbourne industrial market.
Vacancy rates fell to record lows of 0.1% in Q1 2023 but have now stabilised at 1.4% for the past three quarters to Q2 2025. Quality leasing options remain especially limited, with only five prime buildings currently vacant. Furthermore, current market vacancy is still well below the long-term average, and the South East submarket has the lowest vacancy across Melbourne as at Q2 2025, supporting stable rental growth.
MELBOURNE SOUTH EAST INDUSTRIAL MARKET VACANCY, Q2 2025
MELBOURNE INDUSTRIAL MARKET VACANCY BY PRECINCT, Q2 2025
*Colliers Research
Melbourne’s Sout East industrial and logistics market has continued to show its strength throughout the past two years, particularly regarding occupier demand, despite growing economic headwinds. Major drivers for industrial and logistics tenancy demand, such as increasing population and infrastructure investment, have continued to support leasing activity across the South East submarket. However, market activity across Melbourne has been relatively subdued throughout 2025, with tightening vacancy rates continuing to shape leasing dynamics. Even with subdued activity, the South East has maintained its position as Melbourne’s second most active take-up submarket. Approximately 125,000 sqm has been transacted year-to-date, underscoring the submarkets enduring appeal and resilience in a challenging environment. The gross take-up activity is expected to improve for the remainder of 2025 supported by a return of retail and wholesale trade sector as consumer spending is anticipated to rise and these occupiers gain confidence to re-engage with the market.
MELBOURNE SOUTH EAST SUBMARKET INDUSTRIAL SPACE TAKE-UP (DEALS 5,000 SQM+)
*Colliers Research
After the record land take-up in 2022, land value for 1-5 hectare lots eased to $725 in mid-2023, as the rising cost of debt challenged feasibility. However, demand for industrial land in Melbourne’s South East continues unabated, as institutional groups adopt a build-to-core strategy. This has prompted a small uplift in land values to $750 psm for 1-5 hectare lots in June 2025. With the yield softening cycle nearing its end given the outlook for interest rates, upward pressure on land values is expected, particularly sites and precincts which can be delivered quickly.
MELBOURNE SOUT EAST INDUSTRIAL LAND VALUES, 1-5 HECTARE LOTS
*Colliers Research
Rental growth continues to show signs of moderation to more sustainable levels, however with a clear divergence in performance demonstrating the flight to quality thematic. Average prime net face rents increased by 5.7% over the 12 months to June 2025 at $168/sqm, which is the second highest sub-market rental increase. Average secondary net face rents have held steady over the same period at $120 p/sqm. Average incentives have increased to 18.8% and 16.3% for prime and secondary grade assets respectively as owners use the incentive lever to maintain increases to market rents and therefore effective rents are showing signs of moderate decreasing.
SOUTH EAST NET FACE RENTS BY GRADE
*Colliers Research
RENTAL GROWTH AND INCENTIVES FORECASTS
MELBOURNE
CONCLUSION & SALE PROCESS_
8A KLAUER STREET, SEAFORD IS BEING OFFERED FOR SALE VIA PRIVATE PLACEMENT CAMPAIGN
All offers are to be submitted to the exclusive marketing agents before the closing time. Expressions of Interest must include the following
• Full name of purchasing entity
• Purchase price
• Deposit
• Exchange and settlement date
• Any terms and conditions of the offer
• Consultants
• Internal approval process
TERMS OF SALE
The Vendor reserves the right not to accept any EOI without limitation. The Vendor is not obliged to accept the EOI with the highest consideration. The Vendor may, in its absolute discretion, negotiate with any persons who submit an EOI or with any other person with respect to the property and, at any time prior to the exchange of binding contacts, may withdraw the property from sale.
INSPECTIONS
Inspections will be conducted by appointment only and can be arranged by contacting one of the exclusive marketing agents.
Outlines indicative only
EXCLUSIVE SELLING AGENTS
COONEY
Director - Southern Region 0468 860 737 tim.cooney@cva.melbourne
Property Executive - Southern Region 0467 628 951 jordan.carroll@cva.melbourne
